Executive, Financial Planning and Analysis

Posted 9 Days Ago
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Sitiawan, Manjung, Perak
Mid level
Food
The Role
The role involves formulating product costing, analyzing production processes, monitoring financial performance, and assisting in production planning.
Summary Generated by Built In

Company Description

Established in 1961, Malayan Flour Mills Berhad (MFM) is the pioneer in the flour milling industry in Malaysia. MFM has grown to become the leading flour miller in Malaysia with regional presence in Vietnam and Indonesia. Over the years, we have expanded into poultry integration, aquaculture, and raw material trading. In FY23, the group revenue was RM2.15 billion. 

MFM is one of the major poultry integrators in poultry feeds, breeding, farming with a state-of-the-art processing facility across the poultry value chain. Designed to meet the domestic and international markets, the advanced facility will process up to 300,000 birds per day. 

With our asset of 3,000 people, we have transformed and grown in Malaysia and regionally.  Synergising with our workforce, we embrace Artificial Intelligence, Big Data, Internet of Things (IoT) in our day-to-day business. Through our partnership with Tyson Food, Inc. and Toyota Tsusho Group, we aspire to be a leading global halal food enterprise while achieving sustainable development goals. 

Building the workforce of the future…Today. We invite you to be part of our team! 

Job Description

  1. Work closely with plant and finance in formulating product costing using ABC (Activity Based Costing), which involves processes analysis, empirical studies, and establishing an appropriate basis for cost allocations.
  2. Track and analyze respective production processes, expenses and KPIs to provide timely feedback for costs improvement.
  3. Monitor and report the financial performance, key cost savings opportunities and variance analysis around the costing metrics for decision making.
  4. Identify the method of data recording and verify the reliability of all output results.
  5. Assist in the analysis and production planning to ensure the smooth running of production flow, thus optimize orders fulfilment, profit, and sales opportunities.
  6. Assist in Mtech Costing Project.
  7. To perform any other tasks and assignments as directed by the management from time to time.

Qualifications

Minimum Bachelor Degree in Business Administration/Finance/Accounting or equivalent.

Candidate with experience in Manufacturing industry will have an added advantage.

This position is based at Sitiawan, Perak.

Additional Information

MFM notable awards and recognitions :

•HR Asia Best Companies to Work For in Asia 2024 (7 years consecutively, from 2018 to 2024)

•HR Asia Most Caring Company Award (5 years consecutively, from 2020 to 2024)

•HR Asia Diversity, Equity & Inclusion (DEI) Award (2 years consecutively, from 2023 to 2024)

•HR Asia Sustainable Workplace Award (2024)

•HR Asia Happiest Workplace Award (2024)

Top Skills

Activity Based Costing
Big Data
Financial Analysis
Iot
Manufacturing Costing
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The Company
Federal Territory of Kuala Lumpur
317 Employees
On-site Workplace
Year Founded: 1961

What We Do

Established in 1961, Malayan Flour Mills Berhad (MFM) is the pioneer in the flour milling industry in Malaysia. MFM has grown to become the leading flour miller in Malaysia with regional presence in Vietnam and Indonesia. Over the years, we have expanded into poultry integration, aquaculture, and raw material trading. In FY21, the group revenue was RM2.43 billion. MFM is one of the major poultry integrators in poultry feeds, breeding, farming with a state-of-the-art processing facility across the poultry value chain. Designed to meet the domestic and international markets, the advanced facility will process up to 300,000 birds per day. With our asset of 3,000 people, we have transformed and grown in Malaysia and regionally. Synergising with our workforce, we embrace Artificial Intelligence, Big Data, Internet of Things (IoT) in our day-to-day business. Through our partnership with Tyson Food, Inc. and Toyota Tsusho Group, we aspire to be a leading global halal food enterprise while achieving sustainable development goals. Building the workforce of the future…Today. We invite you to be part of our team! Visit https://www.mfm.com.my/careers/ or apply via the Jobs tab in Linkedin.

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